Corporate Development Manager

Expedia Group

Location: Seattle, Washington

Job Type: Full time

Posted


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Manager, Corporate Development

Expedia is seeking to hire a Manager of Corporate Development & Strategy. The Corporate Development & Strategy team leads the charge to identify areas to invest, acquire or divest in order to drive profitable, sustainable growth.

The Corporate Development & Strategy group is responsible for (1) leading Expedia's investment and acquisition activity globally; and (2) driving strategic initiatives across Expedia Group and its portfolio of industry-leading brands. This role reports to the Vice President of Corporate Development & Strategy and will work closely with a broad range of internal stakeholders, including Expedia’s most senior leaders.

Expedia Corporate Development Overview:

o High deal volume: The team has executed numerous transactions in recent years including minority investments, majority investments, full acquisitions and divestitures

o Impactful strategy projects: In a typical year, the team will tackle 3-4 major strategy projects that range from assessing industry trends and their impact on our businesses to recommending and implementing cross-business unit transformations

o Small team: The team consists of professionals with strong and diverse backgrounds (e.g. former investment bankers, private equity professionals, and consultants with extensive M&A and strategy experience)

o Frequent exposure to senior leadership: The group works closely with the leadership team of Expedia including our CEO, CFO and Chairman

o Emphasis on career development: Corporate Development is a pipeline for some of the most senior positions in the company. Previous Corporate Development colleagues have gone on to become business unit GMs, business unit CFOs, head of corporate finance, CFO and CEO.

What you'll do:

Formulating and executing Expedia’s global investment and acquisition strategy

  • Develop detailed financial models and valuation scenarios for potential transactions
  • Manage deal processes for potential transactions, in coordination with senior members of Corp Dev, including:
    • Lead business, company, and industry diligence analyses of target companies
    • Coordinate internal functional experts and outside advisors, sometimes numbering more than 200 members, in functional diligence of target companies and transaction structuring
    • Review legal documentation including to ensure protection for issues / risks identified in business and functional diligence
  • Produce investment recommendation materials for review by Expedia’s board and senior corporate executives

Managing Expedia’s corporate strategic planning process and individual strategy projects:

  • Identify and play a key role in operationalizing key medium- and long-term strategic initiatives to improve Expedia’s operational performance and competitive positioning, while working with senior executives across the organization
  • Work with the CEO, CFO, SVP/VP of Corporate Development, and senior team members to develop Expedia Group’s annual strategic plan
  • Assess business unit strategic plans and develop a corporate view on portfolio-wide gaps and opportunities

Providing ongoing strategy and finance support to the CEO and board of directors:

  • Work with the SVP/VP of Corporate Development and senior members of the team to produce materials for board meetings and to answer other key questions posed by the CEO

Who you are:

  • Outstanding performer with a demonstrated record of 3 to 5 years of achievement at a top tier investment bank, strategy consulting firm, private equity firm or active M&A corporate development group
  • Excellent written and verbal communications skills and experience communicating complex information
  • Proven track record of defining and executing thoughtful analyses in an ambiguous environment with minimal supervision
  • Expert level knowledge of Microsoft Excel and PowerPoint; demonstrated experience in modeling, analysis, research, and presentation creation
  • Demonstrated experience working in a team environment

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About Expedia Group

Expedia Group (NASDAQ: EXPE) powers travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, we help people experience the world in new ways and build lasting connections. We provide industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Expedia Group's family of brands includes: Brand Expedia®, Hotels.com®, Expedia® Partner Solutions, Vrbo®, trivago®, Orbitz®, Travelocity®, Hotwire®, Wotif®, ebookers®, CheapTickets®, Expedia Group™ Media Solutions, Expedia Local Expert®, CarRentals.com™, and Expedia Cruises™.

© 2021 Expedia, Inc. All rights reserved. Trademarks and logos are the property of their respective owners. CST: 2029030-50

Employment opportunities and job offers at Expedia Group will always come from Expedia Group’s Talent Acquisition and hiring teams. Never provide sensitive, personal information to someone unless you’re confident who the recipient is. Expedia Group does not extend job offers via email or any other messaging tools to individuals to whom we have not made prior contact. Our email domain is @expediagroup.com. The official website to find and apply for job openings at Expedia Group is careers.expediagroup.com/jobs.

Expedia is committed to creating an inclusive work environment with a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. This employer participates in E-Verify. The employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.
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